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Stock Market & Financial Investment News

News Breaks
December 18, 2012
10:00 EDTDUK, GS, HRZN, SPRD, CTRP, YOKU, CUB, MEMP, CRZOOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Duke Energy (DUK) upgraded to Buy from Hold at Deutsche Bank... Goldman Sachs (GS) upgraded to Positive from Neutral at Susquehanna... Horizon Technology (HRZN) upgraded to Outperform from Market Perform at Wells Fargo... Spreadtrum (SPRD) upgraded to Neutral from Underperform at BofA/Merrill... Ctrip.com (CTRP) upgraded to Outperform from Neutral at Macquarie... Youku Tudou (YOKU) upgraded to Outperform from Underperform at Macquarie... Cubic (CUB) upgraded to Buy from Hold at Needham... Memorial Production (MEMP) upgraded to Strong Buy from Outperform at Raymond James... Carrizo Oil & Gas (CRZO) upgraded to Add from Neutral at Capital One.
News For DUK;GS;HRZN;SPRD;CTRP;YOKU;CUB;MEMP;CRZO From The Last 14 Days
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May 22, 2013
07:39 EDTDUKWolfe Trahan to host a conference
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May 21, 2013
18:56 EDTGSOn The Fly: After Hours Movers
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17:03 EDTGSMerck announces $5B share repurchase
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09:33 EDTGSBloomberg LINK to host a summit
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07:13 EDTGSU.S. bank mergers less likely this year, Bloomberg reports
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07:12 EDTGSCredit Suisse now second largest Asia prime broker, Reuters reports
The Asian prime brokerage unit of Credit Suisse (CS) replaced Morgan Stanley (MS) as the second largest firm servicing the region's $148B hedge funds industry, according to a survey by AsiaHedge. Goldman Sachs (GS) remains Asia's top prime broker with 179 clients and total assets under management of $24.6B, reports Reuters.Reference Link
06:10 EDTGSOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: JPMorgan Chase (JPM) plans to shake-up of its board even if every director wins re-election at today’s shareholder meeting and James Dimon keeps his dual job as chairman and CEO, the Wall Street Journal reports...Mutual-fund firms are joining activist investors in getting more aggressive over demands for change in how board members are paid at U.S. companies. Activist investors have been experimenting more frequently with incentive pay packages for the board members they nominate in proxy fights, the Wall Street Journal reports...REUTERS: Specialty chemicals producer Rockwood Holdings’s (ROC) pigments businesses have attracted offers from buyout firms including Blackstone Group (BX) and Advent International, sources say, Reuters reports...The Asian prime brokerage unit of Credit Suisse (CS) replaced Morgan Stanley (MS) as the second largest firm servicing the region's $148B hedge funds industry, according to a survey by AsiaHedge. Goldman Sachs (GS) remains Asia's top prime broker with 179 clients and total assets under management of $24.6B, Reuters reports...BLOOMBERG: Bank managers in the U.S. are less likely to engage in mergers and acquisitions this year as regulators heighten scrutiny on potential deals and sellers wait for higher valuations, according to a KPMG survey, Bloomberg reports...PIMCO’s Bill Gross says the bull market for bonds may have ended last month. But investors are staying put. Four years into the biggest rally in U.S. stocks since 2000, bond mutual funds are attracting more money than their equity counterparts, Bloomberg reports.
05:46 EDTGSThomson Reuters, others to challenge Bloomberg messaging, WSJ reports
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May 20, 2013
15:33 EDTCUBU.S. Army awards Cubic $21M foreign military sales training contract
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07:29 EDTSPRDDeutsche Bank to host a conference
dbAccess Asia Conference 2013 is being held in Singapore on May 20-22.
06:41 EDTGSGoldman Sachs seeking to sell stake in Chinese bank, Reuters reports
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06:05 EDTYOKUStocks with implied volatility movement; SPWR YOKU
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May 17, 2013
11:35 EDTMEMPHigh option volume stocks: DVY MEMP JRCC FEZ SCTY
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10:44 EDTYOKUYouku Tudou drops sharply, levels to watch
The stock is down over 6.6% at time of writing, last at $19.67. At that price, next support is at $19.39, and then at $18.91. Resistance is at $20.64.
10:07 EDTCTRPOn The Fly: Analyst Upgrade Summary
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05:33 EDTCTRPCtrip.com upgraded to Neutral from Sell at Citigroup
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May 16, 2013
18:04 EDTDUKDuke Energy shuts down nuclear power plant for repairs
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11:34 EDTYOKUYouku Tudou initiated with a Buy at BofA/Merrill
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10:03 EDTYOKUOn The Fly: Analyst Upgrade Summary
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09:41 EDTYOKUYouku Tudou upgraded to Overweight from Neutral at HSBC
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